I agree that the ICO investors in the first 5 days won't make a profit on this one. But, the 30 cents price doesn't seem that bad actually. That's a total valuation of $300 million. Seems reasonable for a potential Ethereum killer with an undeveloped product. I mean, look at coinmarketcap, it's littered with undeveloped products at or higher than 300M in market cap.
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